How does Bitcoin mining make people 'rich'?

The question should be: How did Bitcoin mining make people rich. You see, I've been a miner for quite some time. One of the things I learnt about this trade is that mining is a very time-sensitive issue. This polynomial model below, represented how much you could earn from a single GHS, x days after April 13, 2014. read more

The question should be: How did Bitcoin mining make people rich. You see, I've been a miner for quite some time. One of the things I learnt about this trade is that mining is a very time-sensitive issue. read more

There is nothing preventing you from both mining bitcoin and offering value ie services however for me personally I would rather focus on a multi trillion dollar market (stocks) with UNLIMITED growth potential then investing time in mining bitcoin that has a finite number of coins. read more

A number of questions on this site ask whether it's possible to make money mining bitcoins and the expected profits. However, I'd like to know if there are real-life stories of people becoming wealthy solely from mining bitcoins. It seems like mining bitcoins is, at best, a hobby that cannot make someone wealthy. read more